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Sports specialist Macron sees surging revenues as Europe, UK and US boom

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Italian sportswear business Macron — whose largest markets are the UK and Italy — has reported strong sales growth for the first half of the year.

Macron CEO Gianluca Pavanello

It saw total revenues of €107 million, up from €93 million for the same period last year and only €79 million in H1 2023. The Bologna-based firm’s H1 revenue rise was 14.7% year on year for the half and 30% on a two-year basis.

And for the full year it expects record revenues. It didn’t put a monetary figure or percentage on that but last year’s annual revenue reached €223.6 million.

Its sales are increasingly derived from markets outside of Italy and as well as the UK being hugely important to it, the company has seen “significant growth” in Germany and the US.

And it added that growth has also been driven by investments in the Macron Campus with construction having begun on the fourth building that will further increase the company’s overall operational capacity.

For instance, German revenues rose 45% in the period and US revenues — while coming from a low starting point — were up by an even bigger percentage. They rose from €1.4 million in H1 2024 to €5.4 million in H1 2025. That was helped by the opening of the new distribution centre in Connecticut in 2024, which it said “further demonstrates Macron’s ability to achieve its growth objectives even in macroeconomic environments marked by volatility”.

It’s also a further sign of how smaller players in the sportswear market are challenging the dominance of much bigger global names.

CEO Gianluca Pavanello said: “The results achieved in the first half once again confirm the soundness of our growth path and the value of the strategic choices made in recent years, particularly in terms of internationalisation and our unwavering commitment to product quality.

“Our expansion into complex markets shows that our model based on innovation, sporting passion and attention to detail is appreciated worldwide. At the same time, the ongoing investments in the Macron Campus are essential to supporting this growth: we want to keep improving, looking to the future with ambition, convinced that beautiful things are created in beautiful places.”

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Louis Vuitton names Future as new ambassador

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December 16, 2025

Louis Vuitton has named Grammy Award–winning artist Future as its newest ambassador, deepening the maison’s ongoing commitment to celebrating talent across cultural landscapes. 

Louis Vuitton names Future as its newest ambassador. – Louis Vuitton

The Atlanta-born rapper, producer and composer continues to dominate the global music landscape. Most recently, he released back-to-back chart-topping albums, “We Don’t Trust You” and “We Still Don’t Trust You”, which became an international phenomenon and further cemented Future’s status as a cultural trailblazer. Over the course of his career, Future has earned 11 number-one albums and multiple chart-leading singles.

“Future embodies the core values of Louis Vuitton, including creativity, artistry, and a pioneering spirit that resonates with international audiences,” the maison said in a statement. “His unique style and creative vision make him an invaluable addition to the Louis Vuitton family.”

It’s not the first time Future collaborates with Louis Vuitton. He attended Louis Vuitton’s Men’s Spring–Summer 2026 show in Paris at the invitation of Pharrell Williams, a longtime friend and creative collaborator. Earlier this year, Future also appeared at the 2025 Met Gala, themed “Superfine: Tailoring Black Style,” wearing a custom Louis Vuitton grey quarter-zip ensemble layered with a tie, designed by Williams.

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Rent the Runway sales lift on increased active subscribers

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December 16, 2025

Rent the Runway announced on Monday sales for the third quarter rose 15.4% to $87.6 million, with the U.S. rental platform clocking growth across its subscriber base.

Rent the Runway

The New York-based firm said ending active subscribers grew 12.4%  to 148,916 during the three months, and average active subscribers totalled 147,645, up 12.9% on the prior-year period.

Meanwhile, total subscriber numbers lifted 6.1% to 185,166 during the quarter ending October 31.

In line with strong sales growth, the company reported a net income of $76.5 million, as compared to a loss of $18.9 million in the third quarter last year.

“This year we’ve repositioned ourselves for sustained growth in the category,” said Jennifer Hyman, co-founder and CEO of Rent the Runway.

“Not only did we execute operationally on our stated goals to return to our customer-obsessed origins, reinvigorate our brand, and drive double-digit growth in subscribers; but we also restructured our balance sheet, closing the recapitalization transactions in October that offer improved financial flexibility to better position us for continued growth.”

Earlier this year, Rent the Runway said it will hand over a controlling stake in the company as part of a plan to cut debt and grow.

The deal, with lender Aranda Principal Strategies and other partners, will wipe more than $240 million of debt from Rent the Runway’s balance sheet, according to an emailed statement released in August.

Looking ahead, Rent the Runway said it forecasts revenue of between $323.1 million and $325.1 million for the full-year.
 

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Chanel taps Aegon’s top HR executive for luxury company role

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December 16, 2025

Chanel has tapped the human resources chief from Dutch insurer Aegon as the fashion and beauty company continues to reshuffle its top executive roles.

Chanel – Pre-Fall2026 – 2027 – Womenswear – New York – ©Launchmetrics/spotlight

Elisabetta Caldera, 55, has been named global chief people and organization officer for Chanel Ltd., succeeding Claire Isnard, 64, starting next month, the company told Bloomberg News in a statement.

Isnard is retiring after more than 17 years at the group, which had a workforce of around 38,400 employees last year. Caldera will join Chanel’s leadership team, reporting to Chief Executive Officer Leena Nair, and be based in London.

Caldera spent more than four years as global chief human resources officer at Aegon Ltd. where she was also part of the insurer’s executive committee. The Italian executive previously spent 17 years at Vodafone Group Plc in various HR roles until 2021 when she joined Aegon. 

Under CEO Nair, the former head of HR at Unilever Plc, Chanel has been rebuilding the roster of top managers at the company as an older guard retires.

Chanel, known for its No. 5 fragrance, is privately owned by the billionaire brothers Alain and Gerard Wertheimer whose fortunes are estimated at about $43 billion each, according to the Bloomberg Billionaires Index.

The company, founded in Paris but headquartered in London, reports its financial performance once a year, generally around late May. Revenue fell 4.3% to $18.7 billion in 2024 on a comparative basis with operating profit sliding by almost a third partly due to heavy advertising spending and a rise in hiring.
 



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